Crypto scams and hacks surpass $3b in 2024, up 15% from 2023
Crypto investors faced a tough 2024 as hacks and scams exploited weaknesses, costing billions in losses. Crypto-related hacks…
Backpack addresses controversy over FTX EU acquisition and customer funds
Cryptocurrency exchange Backpack issued a statement addressing controversy surrounding its purchase of FTX EU. Questions about the sale…
BitMEX’s Hayes predicts Bitcoin to peak soon as Fed’s tools near exhaustion
The Federal Reserve’s quantitative tightening and liquidity measures could drive Bitcoin to a late Q1 peak, BitMEX co-founder…
Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase.…
December’s crypto losses from hacks were lowest in 2024: PeckShield
In December 2024, more than 25 hacks in the crypto industry led to approximately $24.7 million in losses,…
Only 54% of illegal crypto ads in UK removed despite FCA crackdown: report
Illegal crypto ads remain widespread as the FCA struggles to crack down, data shows. The British Financial Conduct…
Public energy tech company KULR purchases 217 BTC for $21m
KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus…
Web3 smart ring developer CUDIS joins forces with Californian sports giant
Draper Associates-backed CUDIS has partnered with UCLA Athletics for a year-long collaboration to promote web3 smart rings among…
South Korea sanctions DPRK hackers behind crypto attacks
South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto,…
Hacken: Access control exploits account for nearly 80% of all crypto hacks in 2024
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the…